You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.
While money doesn't buy love it puts you in a great bargaining position.
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I think that lawyers are terrible at admitting that they're wrong. And not just admitting it also realizing it. Most lawyers are very successful and they think that because they're making money and people think well of them they must be doing everything right.
